Yes sir... I am supposed to be getting it all ... wiring harnesses, sensors, guns, etc. I have a Lost World cabinet but really wouldn't want to permanently modify it or anything... I guess it comes down to either finding or building a cabinet...
The biggest problem is that your Lost world monitor is likely Medium resolution and the lowest res you can play HOTD4 at is 640x480.
The gun tracking hardware and the gun board is the same so those guns should work with HOTD4 for pointing and shooting, however HOTD4 guns have an accelerometer in them to detect "shaking" which is part of the game, and that's something the lost world guns don't have.
you can pickup a Multi kit for that Lindbergh (Mitsu sells one, and there is a different one floating around) though and play the few other Lindbergh shooters (Lets Go Jungle, 2Spicy, Rambo), the HOTD4 version on the multi kit (both of them) is patched to not need the accelerometers.
I've done a bit of work with this equipment and have some useful information here:
Shooting Gallery: Sega Type-II IR on a 108" front projection setup.
...one of these days I'll get around to actually completing that.